Capital Market

9 Nigerian Companies Listed on London Stock Exchange Record’s Market Cap of $14.2 Billion

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The nine (9) Nigerian companies quoted on the London Stock Exchange Group (LSE) have a collective market capitalisation of $14.2 billion, the Nigerian Stock Exchange (NSE) disclosed in its bid to consolidate its partnership with the LSE. The nine (9) Nigeria-focused companies quoted on the […]

Stocks Dip Marginally 0.05% on Sustained Cautious Trading

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday dipped marginally 0.05 percent on sustained cautious trading as all-share index (ASI) closed at 33,460.50 points, while market capitalisation declined by N6.12 billion to close at N11.42 trillion. With the low volume and value traded at the close of business […]

Transcorp Ughelli Power Says Generation Capacity up 78% Year-on-Year

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Transcorp Ughelli Power Limited (TUPL), the power generation and investment subsidiary of Nigerian conglomerate Transcorp Plc said on Tuesday it increased its generation capacity 78 percent to 610 MW from 342MW as at December 2013, the company said in a statement. This is coming on […]